§ 2. Mr. ERSKINEasked the President of the Board of Trade whether a sum of £100,000, or some other amount, has been granted to the Merton Board Mill Company, Limited, under the Trade Facilities Act, to purchase German machinery; and why was this sum granted, seeing that the object of this Act was to provide work in this country?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Hilton Young)The entire proceeds of the guaranteed loan will be spent in this country. The answer to the first part of the question being, therefore, in the negative, the second part does not arise.